Imperfect Foods plans for net-zero carbon emissions by 203025 Mar 2021
Online grocer Imperfect Foods announced that by 2030, it will be a net-zero carbon company that has saved 1 billion pounds of food from waste. Successfully meeting this goal would put Imperfect Foods 10 years ahead of other major retailers striving for net-zero carbon emissions and 20 years before the Paris Climate Agreement deadline to achieve this designation, according to the company.
To achieve this lofty goal, the grocer said it would convert its fulfillment centers to 100% renewable power by 2026, fully electrify its vehicle fleet by 2027, certify six of its facilities as zero-waste-to-landfill by 2025 and convert its delivery boxes from recyclable cardboard to reusable containers.
Already, the company has converted its largest fulfillment facility in Los Angeles to solar power and it is working to transition 15% of its sourcing to more regional growers in order to reduce the number of trucks moving its products through its supply chain.
To combat the environmental impacts of its own success and demonstrate the ethos of sustainability which it professes, the company said in the release that it is its duty to lead the industry as “the grocery industry's effects on climate change are undeniable.”
Imperfect Foods was founded on principles of sustainability, which led to its business model initially focusing on gathering and reselling produce that did not meet the beauty standards required by retailers for sale on shelves. However, since its inception, the company has moved from a regional grocer to a national e-commerce retailer and has consequently expanded the geography of the growers with which it partners to keep pace with the triple-digit growth it saw between 2019 and 2020.
Nevertheless, Imperfect Foods’ emission of carbon dioxide per $1 of revenue has decreased since 2019. Despite this achievement, the company's growth has led to an increase in its overall carbon footprint within the same time frame, the company reported in its 2020 Impact Report. Part of the reduction in CO2 emissions per dollar of revenue is due to the 7,921 tons of post-consumer recycled packaging 52 million pounds of imperfect food that the company saved from landfills last year.
To continue to track its progress toward net-zero carbon emissions, Imperfect Foods teamed up with Watershed, which is a software platform that allows a business to track its carbon footprint across every touchpoint in its supply chain. Should Imperfect Foods need to redesign a part of its operations to reduce its greenhouse gas emissions, the company just received a $110 million investment this past February. But at the time that it received this influx of funding, Imperfect Foods said it intended to spend these funds to increase its private label program, bolster its production capacity, improve its online shopping experience and support farmers and suppliers.
Eat Just looks to crack into the market with a $3B IPO
23 Jul 2021
Cultured protein maker Eat Just is targeting a $3 billion initial public offering in Q4 2021 or early in 2022, Forbes reported after receiving information from a leading investor in the plant-based egg producing company.Read more
ReGrained flour is inaugural recipient of Upcycled Food certification
7 Jul 2021
Upcycled food company ReGrained is the first company in the world to receive the new Upcycled Food Certification for its SuperGrain+ flour. This new certification is awarded by the Upcycled Food Association, which finalized its certification standards ...Read more
Europe intends to phase out caged farming by 2027
5 Jul 2021
A June 30 vote from the European Commission will end caged farming in the European Union. This initiative is part of the overarching Farm to Fork Strategy and was brought to the attention of the commission thanks to a citizen petition that was supporte...Read more
UAE looks to become global food tech hub
18 May 2021
The first phase of the United Arab Emirates’ new Food Tech Valley was launched on May 1, Gulf Business reported. This economic zone is focused on four main innovation clusters in the food tech space: agricultural technology, including bioengineering an...Read more
Impossible Foods heads for school cafeterias
17 May 2021
Impossible Foods will be “widely entering” school breakfast and lunch programs in the fall of 2021, the company announced in a release. This foray into the public school system was made possible following Impossible Foods’ acquisition of the Child Nutr...Read more
Brazil sets official definition of ‘whole grain’
10 May 2021
Products must contain at least 30% whole grain ingredients to use a whole grain claim in Brazil, under new rules.Read more
Protein companies to improve human health though tackling animal disease
30 Apr 2021
Cargill, Ausvet, Heifer International and the International Poultry Council (IPC) have formed a consortium sponsored by the United States Agency for International Development (USAID) to improve livestock management and combat the threat of zoonotic dis...Read more
Traffic light labels to become mandatory in UAE in under one year
1 Apr 2021
Packaged food manufacturers in the United Arab Emirates (UAE) are getting ready for a front-of-pack traffic light nutrition label, which will become mandatory in January next year.Read more
Seven European countries advocate for Nutri-Score on packaging
23 Feb 2021
Out of the 40 countries that comprise Europe, seven have now joined forces to promote the use of the Nutri-Score system as the standard front-of-pack (FOP) labeling for products sold across the EU. Supporting countries include France, Belgium, Germany,...Read more
Unilever promises living wages to suppliers' employees
1 Feb 2021
In its effort to create a “more equitable and inclusive society” Unilever is committing to a new set of corporate goals, including ensuring that by 2030, all employees of suppliers that directly provide goods and services to earn a living wage or incom...Read more
Are you a supplier?
Here's what we can do for you
- Generate quality leads for your business
- Stay visible for 365 days of the year
- Receive product inquiries and respond to meeting requests directly
- Improve company online presence through Search Engine Optimisation